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NRB studying feasibility of issuing Digital Currency in Nepal

KATHMANDU: The Nepal Rastra Bank (NRB) has started preparations to issue its own digital currency. The central bank has started carrying out a feasibility study of Central Bank Digital Currency (CBDC), which is in the final stage. NRB had included the feasibility study of digital currency in the monetary...

NRB studying feasibility of issuing Digital Currency in Nepal
One-third of country’s population use ATM cards

One-third of country’s population use ATM cards

Unproductive sector lending up as credit demand slows down in manufacturing sector

Unproductive sector lending up as credit demand slows down in manufacturing sector

Forex reserve continue to decline despite tightening measures

Forex reserve continue to decline despite tightening measures

Central Bank enforces cash margin policy on additional 27 types of goods

Central Bank enforces cash margin policy on additional 27 types of goods

Credit disbursement higher than deposit collection

Credit disbursement higher than deposit collection

Non-performing loans in Nepal’s banking sector least in South Asia

Non-performing loans in Nepal’s banking sector least in South Asia

Development Banks record 4.22 percent average spread rate in Q2

Development Banks record 4.22 percent average spread rate in Q2

NRB alerts consumers about risks of electronic transactions

NRB alerts consumers about risks of electronic transactions

India to tax crypto at 30pc, launch its own digital currency in 2022-2023

India to tax crypto at 30pc, launch its own digital currency in 2022-2023

IMF disappointment over NRB’s role to regulate Nepal’s banking sector

IMF disappointment over NRB’s role to regulate Nepal’s banking sector

Standard Chartered Bank Nepal reaffirmed with AAA rating

Standard Chartered Bank Nepal reaffirmed with AAA rating

Credit flow of commercial banks swings up by 11.8% amid tepid deposit collection

Credit flow of commercial banks swings up by 11.8% amid tepid deposit collection

BFIs extend credit by 10.3 percent in five months this FY

BFIs extend credit by 10.3 percent in five months this FY

Nepal Investment Bank cancels special general meeting slated for Tuesday

Nepal Investment Bank cancels special general meeting slated for Tuesday

Nabil Bank 37th AGM: Endorses 38% dividend proposal, reappoints Poudyal as its chairman

Nabil Bank 37th AGM: Endorses 38% dividend proposal, reappoints Poudyal as its chairman

Himalayan Bank AGM rejects merger proposal with Nepal Investment Bank

Himalayan Bank AGM rejects merger proposal with Nepal Investment Bank

IMF approves USD 395.9 million extended credit facility arrangement for Nepal

IMF approves USD 395.9 million extended credit facility arrangement for Nepal

Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June

Nabil, Nepal Bangladesh Bank seals merger deal, to start joint transaction within June

Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

Inflation soars to 7.11 percent, remittance,foreign exchange reserve depleting

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